Old SEC Filing Shows Donald Trump More Than Doubled His Net Worth Over the Last Four Years
Donald Trump more than doubled his net worth over the last four years, according to a 2012 SEC filing, a testament to his extraordinary mind and unique business acumen.
Trump, a self-professed honest politician, says he’s currently worth in excess of $10 billion. The new documents show what an incredible four years he’s had—since the 2012 filing, he’s added an additional $5.8 billion to his fortune.
The statement, which was filed on Trump’s behalf by Wells Fargo, shows Trump only had about $250 million liquid at the time. The specifics, via the Guardian:
A passage in the 132-page filing says: “The sponsor is Donald J Trump. Mr Trump has significant commercial real estate holdings worldwide including interests in office, retail, residential, golf-clubs and hospitality properties in markets including New York, San Francisco, Florida, Washington DC, and Scotland. As of 30 June 2011, Mr Trump reports a net worth in excess of $4.2bn and liquidity in excess of $250m.”
“Obviously, if it was inaccurate, we wouldn’t have filed it with the SEC,” a Wells Fargo spokesperson told the Guardian. But if the filing is correct, there’s only one reasonable conclusion: With returns like that, Donald Trump is perhaps the greatest businessman in the world. More importantly, what else isn’t he lying about?